Gentiva Health Services acquires Harden Healthcare
Gentiva Health Services Inc., the largest provider of home health and hospice services in the United States based on revenue, announced the closing of its acquisition of Harden Healthcare Holdings Inc. Under the terms of the merger agreement, Gentiva acquired Harden’s home health, hospice and community care businesses, including Harden Hospice Colorado in Glenwood Springs. Harden’s existing shareholders retained the company’s long-term care business.
The purchase price paid by Gentiva was $408.8 million, consisting of $355 million in cash and $53.8 million in Gentiva common stock. Gentiva funded the cash portion of the purchase price through available cash and a new credit facility. As part of the new credit facility, the company entered into a new $825 million term loan facility which was used to fund the transaction and refinance its existing term loans.
“Key Life Decisions: Are You Prepared?”
Edward Jones financial advisor hosts “Key Life Decisions: Are You Prepared?” at 6 p.m. Tuesday, Nov. 12.
The seminar will feature four major topics: Why You Need an Estate Plan; How to Prepare a Will; How Can I Defer More Tax?; and the value of prearranging your funeral.
Guest speakers for this event include attorney Matthew Trinidad, CPA Jamin Heady-Smith and funeral director Steven Pollard.
The seminar is free, but space is limited. To make a reservation and for location, call Melissa Leintz at 970-928-7145 or email@example.com.
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